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The Forum > Article Comments > Policy 'guard rails' for Australian real income? > Comments

Policy 'guard rails' for Australian real income? : Comments

By Geoff Carmody, published 26/7/2023

'Guard rails' seem superseded now. It's all about Budget (incl beyond the Forward Estimates) and other policy 'promises' for the (often post-election) future.

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Where is productivity in all of this? Where, and why, is the Productivity Commission hiding? There has been a suggestion that the Commission is as one with the Socialist government.
Posted by ttbn, Wednesday, 26 July 2023 8:40:31 AM
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"Can policy aim for sustainable real per capita incomes?"

Well, it could, Geoff. But Woke Albanese has ruled in, the second-highest rate of population growth, among all the wealthy nations, near on 2%. Which rather rules out, sustainable real per-capita incomes. Automatically, these will continue to stagnate or fall, just like the past decade.
Posted by Steve S, Wednesday, 26 July 2023 8:42:29 AM
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According to the May federal budget, Australia’s population will grow by an unprecedented 2.18 million people over the next five years, equal to the population of Perth.

Good for business. Good for tax gathering. Good for lazy politicians. No so going for ordinary Australians because they must compete harder for housing and jobs with new immigrants, while infrastructure, services, and the natural environment are overburdened.
Posted by ttbn, Wednesday, 26 July 2023 8:58:02 AM
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ttbn

You vote for them..it’s as much your own fault . Fess-up!
Posted by diver dan, Wednesday, 26 July 2023 9:36:55 AM
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Dan

You don't know who I vote for. But I can tell you it is none of the parties responsible for the mess Australia is in.
Posted by ttbn, Wednesday, 26 July 2023 10:06:15 AM
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Ttbn

Ok then…well, how does your favourite collection of criminals dodge the bullet of responsibility ?
Posted by diver dan, Wednesday, 26 July 2023 10:29:19 AM
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